Why Shares of SOC Telemed Are Cratering Today
Shares of SOC Telemed (NASDAQ: TLMD) -- a provider of acute care telemedicine and technology services -- were plummeting nearly 31% as of 12:30 p.m. EDT today.
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All of the backward-looking numbers were impressive for the second quarter. Systemwide consults were up 98% to 130,200. Revenue of $25 million was 84% higher than for the same quarter last year. The problem was guidance.
Source Fool.com
